The pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support at 93700.420000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 96538.920000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 98057.510000000 |
2nd High | 97351.570000000 |
Next High | 96538.920000000 |
Current Price | 94406.090000000 |
Next Low | 93700.420000000 |
2nd Low | 90500.000000000 |
3rd Low | 89667.660000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows